Lattice Raises $6.4M From Thrive Capital And Khosla Ventures To Fix Performance Reviews
Summary
Jack Altman and Eric Koslow were working on software to track team goals a year ago when the cofounders of startup Lattice realized they were missing out. Lattice is looking to build on its momentum with new funding: $6.4 million raised from Thrive Capital and other investors including Khosla Ventures and SV Angel. The money will go to hiring and investing in the product, which Altman says needs to take a consumer app style approach to user experience and customization to stay popular in offices. Altman began writing viral blog posts with tips for entrepreneurs, produced videos and launched a dinner series for sharing advice. For Thrive Capital, the investment in Lattice fits alongside Justworks and Forbes Cloud 100 companies Greenhouse and Slack as one where "seemingly crowded markets can be broken open by teams that obsess over customer needs and build excellent products," says Miles Grimshaw, who led the round.